We advised Lords LB Baltic Green Fund (V) on acquiring 100% of Valmeda’s shares. Valmeda owns Holiday Inn hotel, which has an area of more than 7,000 m² on Šeimyniškių Street in Vilnius. Situated in a prestigious location in Vilnius Marius Junda, fund manager at Lords LB Baltic Green Fund (V), comments: “We are glad […]
We advised closed-end real estate investment fund Lords LB Baltic Fund III on the sale of a shopping centre in Marijampolė. The site has been acquired by Rivona for an undisclosed amount. The first site from the fund’s portfolio sold in Lithuania The shopping centre has been operating since 2006; Lords LB Baltic Fund III […]
We advised venture capital firm Elephant VC on investing in Lithuanian startup PVcase, a developer of software for solar power plants. In the series A round the startup raised EUR 20 million. Venture capital funds Practica Capital and Contrarian Ventures, which had previously invested in the company, also participated in this round of funding. The […]
We advised Lithuanian venture capital fund Open Circle Capital and Finnish venture capital fund Inventure on investing in marketing analytics and reporting startup Whatagraph. In the series A round the company raised USD 7.2 million. LitCapital (the lead investor) and business angel Giles Palmer also invested in the company in this round. This is the […]
We assisted Luminor Bank in organising and distributing Restricted Senior Preferred Notes with a total value of EUR 75 million for Šiaulių bankas. The four-year bonds are issued with the issuer’s right to redeem them early after three years. The bonds will be listed on the Nasdaq Baltic Debt Securities List. Distributes bonds on the […]